add value

verb — 2 senses

add value

verb
1

Business, Management To make a product or service more desirable or useful.

  • An oil refinery adds value to crude oil by distilling it into various desired intermediates and end products.
  • A flour mill adds value to cereal grain by grinding it into meal or flour.
1 more example
  • The new website with additional features will really add value for our customers.
2

Hong Kong, Especially To top up.

Related terms
added value, add value machine, surplus value, value-add, value added, value added tax, VAT, value chain

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.